Gas prices keep falling: Favorable oil prices helping drivers save money

By AAA of Western and Central New York

Today’s national average price for a gallon of gasoline is $3.37, down 4 cents since last Monday. One year ago, the price was $3.60. The New York state average is $3.45, down 4 cents since last Monday. A year ago, the NYS average was $3.80.

AAA Western and Central New York (AAA WCNY) reports the following averages:

• Batavia – $3.36 (down one cent from last Monday)
• Buffalo – $3.38 (down 2 cents from last Monday)
• Elmira – $3.40 (down 2 cents from last Monday)
• Ithaca – $3.46 (down 3 cents from last Monday)
• Rochester – $3.44 (down 2 cents from last Monday)
• Rome – $3.49 (down 2 cents from last Monday)
• Syracuse – $3.44 (down 2 cents from last Monday)
• Watertown – $3.486 (down 2 cents from last Monday)

The national average for a gallon of gas is down once again this week while prices in New York have fallen slightly across the board. Favorable oil prices continue to keep prices at the pump falling. This morning oil prices range from $77 to $83 per barrel, consistent with a week ago and well off the highs we saw last year.

Diesel prices are also falling. The national average price for a gallon of diesel is $4.41, down 8 cents from a week ago. Here in New York, the current average for diesel is $5.05, down 8 cents from last week.

According to new data from the Energy Information Administration (EIA), gas demand rose slightly from 8.27 million to 8.91 million b/d last week. Meanwhile, total domestic gasoline stocks decreased by 1.8 million bbl to 240.1 million bbl last week. If gas demand rises amid falling domestic stocks, drivers may see an end to future pump price drops.

To conserve fuel, motorists should map routes, avoid peak traffic times like rush hour, and combine errands into one trip while using cruise control when possible. Drivers should also make sure tire pressure is at the vehicle’s recommended level for the best gas mileage, while removing any unnecessary and bulky items from the car (since it takes more fuel to accelerate a heavy vehicle). Get more tips here: https://gasprices.aaa.com/news/fuel-saving-tips/. Motorists can benefit from comparing pump prices before filling up with the AAA mobile app for iPhone, iPad and Android.

AAA members receive discounts at gas stations such as Fastrac, Maple Leaf Market and Shell. Learn more here. AAA members can save on gas by joining the Fuel Rewards at Shell program. Join at AAA.com/Shell. Motorists can also locate gas prices across the country and stay up-to-date on news and fuel-saving tips at http://gasprices.AAA.com.

As upstate New York’s largest member services organization, AAA Western and Central New York provides more than 862,000 members with travel, insurance, financial and automotive-related services. Since its founding in 1900, AAA has been a leading advocate for the safety and security of all travelers. Visit AAA at www.AAA.com.